To The Moon

Hi, Tigers!

Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!

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[Rewards]

We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.

[Winners Announcement:30 Aug]

1.Here are the 7 Tigers whose post has the best quality & interaction last week:

Congratulations on being offered 50 Tiger Coins!

Does Lululemon bottom here?

SpaceX - Investment New Frontier ! Invest now ?

The Fall of a Stock: Lessons from Pure Foods Tasmania's Decline

2.Here are the stocks mentioned by the above Tigers: $Lululemon Athletica(LULU)$ $S&P 500(.SPX)$ $Intuit(INTU)$ $Reddit(RDDT)$ $Instacart, Inc. (Maplebear Inc.)(CART)$ $IBM(IBM)$ $Spotify Technology S.A.(SPOT)$ $Destiny Tech100 Inc(DXYZ)$ (Not investment advice)

And let's congratulate these Tigers for winning 5-40 Coins:

Below are Today's Key Takeaways.

Top News Move the Market

​​​​More News​​

Weekly Hot Stocks

​⭐For The Daily Most Active Stocks in S&P 500 & The Top 10 Popular Stcocks on WallStreetBets please turn to @TigerObserver

Global Markets Weekly Update

The major indexes ended mixed in a week of light trading ahead of the holiday weekend—T. Rowe Price traders observed that fewer shares traded hands Monday than on any other trading day so far this year, excluding early closes. The technology-heavy Nasdaq Composite fared the worst, dragged lower in part by chip giant NVIDIA, which lost nearly 10% of its value, or roughly USD 300 billion, at the stock’s low point on Thursday. Relatedly, value stocks outperformed growth shares by the largest margin since late July. Markets were scheduled to be closed the following Monday in observance of the Labor Day holiday.

With earnings season nearly over—NVIDIA’s report following the close Wednesday being the major exception—the week’s fairly busy economic calendar appeared to play a large role in driving sentiment for those traders still in the office. The most closely watched data point was probably the Labor Department’s release of its core personal consumption expenditures (PCE) price index on Friday morning. The Federal Reserve’s preferred inflation gauge showed prices rising by 0.2% in July, largely as expected, although the year-over-year increase came in a tick lower than consensus, at 2.6%. Investors seemed pleased with confirmation that inflation was remaining subdued and near the Fed’s target, with Nasdaq futures, in particular, surging in the wake of the release.

The week also brought some hopeful signs that the U.S. consumer was proving resilient in the face of the cooling labor market. The Commerce Department reported Friday that personal incomes had increased an unexpected 0.3% in July, up from June’s 0.2%. Personal spending rose even more, 0.5%, although the gain was in line with consensus. The Commerce Department also revised upward its estimate of the annualized growth in gross domestic product in the second quarter, from 2.8% to 3.0%. The increase was driven largely by a substantial upward revision in consumer spending over the quarter, from 2.3% to 2.9%.

The week ahead : September 2-6

Earnings Calendar

All right, here is all the market information we would like to share with you：

1. What news/movements are worth noting in the market today? Any stocks to watch?

2. Do you have any trading plans?

Is there anything you would like to share about your trades today?

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